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Monday, July 5, 2010

Fertilizers Stocks - To buy or not to buy

az monsoon cloudsImage via Wikipedia
Well i am talking here about indian fertilizers stocks, such as RCF and chambal fertilizers etc which are currently performing very well for traders and investors as fertilizers stocks have gained a good return.
But will this uptrend continue to grow,here is an interesting research study from CARE on monsoon which shows that monsoon for June is at a deficit of 16% at the national level.

Though there is still time for the deficit to be recouped.However, the sowing of crops could get delayed on account of this deficit, which though not a worry, will become one, in case the deficit trend continues, as was witnessed last year.
Anyway things will be clear till september 2010 till then use your brains cautiously.


read full report here
http://www.careratings.com/Current/3/8212.pdf
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